Oil: licensing round starting next month end fourth with 47 global company
Baghdad/JD/... The Iraqi oil Ministry confirmed on tour starting off in fourth round of licences 31st may includes 12 pop exploratory.
Ministry spokesman Assem Jihad l/JD/"the oil Ministry preparing for fourth round of licences which will be launched in Baghdad on 13/5/2012".
He said Jihad "round includes 12 pop exploratory 7 oil gas and 5".
"Jihad" subscription granted oil Ministry for 47 global company known for participating in the fourth round of licensing."
"The objective of the round is to maximize production national reserve of crude oil and gas."
"Jihad" that preparations for an ongoing round end round will be held next month.
And the oil Ministry spokesman stated that "the series fourth round of licences after two rounds to develop oil fields and gas fields development round". /finished/11 n
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